Payroll and Fixed Asset Accountant

Join the Team at ABYAT – Your Gateway to Retail Excellence!

About Us

Are you ready to be part of the largest retail store in the Middle East? ABYAT, spanning an impressive 22,000 square meters and offering over 22,000 products, is your one-stop destination for all things home improvement and more. From elegant tiles and captivating wallpapers to state-of-the-art lighting solutions and stylish kitchen fixtures, we pride ourselves on offering a diverse array of top-quality products under one roof.

Established locally with a vision for excellence, ABYAT has been setting benchmarks since its inception in September 2005. With an unwavering focus on our customers, we've crafted an experience that revolves around their needs, from our meticulously designed store layouts to our unparalleled service offerings.

Expanding beyond our roots in Kuwait, ABYAT is now making waves in Saudi Arabia and setting our sights on Qatar and the UAE. As we continue to grow, we're seeking passionate individuals to join our dynamic team and contribute to our journey of success.

Position: Payroll & Fixed Asset Accountant

Location: Riyadh – Head Office
Department: Finance
Reports to: Payroll & Fixed Asset Team Leader
Type: Full-time

Role Purpose

As a Payroll & Fixed Asset Accountant at ABYAT, you will play a key role in ensuring the accuracy and compliance of payroll processing and fixed asset accounting functions. You will be responsible for managing payroll for a large employee base, maintaining the fixed asset register, ensuring proper capitalization and depreciation, and supporting financial reporting and audit processes. Your attention to detail and analytical skills will directly contribute to ABYAT’s operational efficiency and financial integrity.

Job Description

Payroll Management

• Process monthly payroll accurately and on time for all employees.

• Validate attendance, deductions, benefits, and allowances.

• Ensure compliance with local labor laws, taxation, and social security requirements.

• Prepare and reconcile payroll reports and journal entries.

• Collaborate with HR and Finance to resolve discrepancies and ensure data accuracy.

Fixed Asset Accounting

• Maintain and update the fixed asset register, recording acquisitions, disposals, and transfers.

• Calculate and reconcile depreciation according to company policies.

• Conduct periodic physical verification of assets and coordinate tagging.

• Support internal and external audits related to fixed assets.

Financial Reporting & Analysis

• Support monthly and year-end closing processes.

• Prepare and analyze payroll and fixed asset reports for management review.

• Ensure reconciliation between sub-ledgers and the general ledger.

• Assist in financial analysis and prepare ad-hoc reports as required.

Systems & Process Improvement

• Work effectively with ERP systems (SAP or Oracle).

• Contribute to process automation and continuous improvement initiatives.

• Maintain data integrity and ensure compliance with internal controls.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.

• 4–5 years of experience in accounting, preferably handling payroll and fixed assets in organizations with over 1,000 employees.

• Strong understanding of payroll laws, taxation, and accounting standards.

• Proficiency in ERP systems (SAP or Oracle preferred).

• Advanced analytical and reporting skills with excellent attention to detail.

• Strong organizational and time management skills.

• Professional certifications such as CPA or CMA are an advantage.

• Proficiency in Microsoft Excel and familiarity with financial reporting tools.

• Excellent communication and collaboration skills.